Price Action & Key Levels
• XRP slipped to $1.15 - $1.18 on Nov 6, its lowest since late August and down ∼6% on the day. • Current support sits at $1.10 - $1.15, with the 61.8% Fibonacci at $1.21 now acting as resistance. Next major resistance: $1.30 - $1.34 zone and 200-week EMA near $1.36. • XRP trades below 50-day ∼$1.32 and 200-day ∼$1.36 averages, with RSI at 32-33 showing oversold conditions.
Whale & On-Chain Activity
• Whales bought ∼60M XRP in the last 7 days. Wallets holding 1M+ XRP hit a 2026 high of 2,147 addresses. • 418.5M XRP (∼$540M) left Binance on Nov 4 — largest single-day outflow in 9 months. Could signal exchange supply squeeze if not internal transfers.
Derivatives & Liquidations
• Over $30M in long positions liquidated in 5 days as price dropped. Binance saw $8.06M in XRP liquidations alone. • Long-to-short ratio at 0.82 — weakest in over a month, showing shorts outweigh longs. • CoinGlass flags $1.1588 as next critical liquidation level.
$XRP
• XRP slipped to $1.15 - $1.18 on Nov 6, its lowest since late August and down ∼6% on the day. • Current support sits at $1.10 - $1.15, with the 61.8% Fibonacci at $1.21 now acting as resistance. Next major resistance: $1.30 - $1.34 zone and 200-week EMA near $1.36. • XRP trades below 50-day ∼$1.32 and 200-day ∼$1.36 averages, with RSI at 32-33 showing oversold conditions.
Whale & On-Chain Activity
• Whales bought ∼60M XRP in the last 7 days. Wallets holding 1M+ XRP hit a 2026 high of 2,147 addresses. • 418.5M XRP (∼$540M) left Binance on Nov 4 — largest single-day outflow in 9 months. Could signal exchange supply squeeze if not internal transfers.
Derivatives & Liquidations
• Over $30M in long positions liquidated in 5 days as price dropped. Binance saw $8.06M in XRP liquidations alone. • Long-to-short ratio at 0.82 — weakest in over a month, showing shorts outweigh longs. • CoinGlass flags $1.1588 as next critical liquidation level.
$XRP
